The role of the research system in 'Learning Economies'

Abstract

This paper provides a framework for analysing the role of Australia’s research system
in promoting national economic development. The paper is in two parts. Part One
focuses on knowledge diffusion and technological development and emphasises the
systemic nature of innovation processes within the emerging context of ‘learning
economies’. The key understandings relevant to a nation’s research system are drawn
out from contemporary developments in the international literature on ‘learning
economies’. Some of the implications for Australia are discussed. The aim is to
provide readers with some indications of what to look for in considering options for
the future of Australia’s research system. More detailed information on relevant
aspects of Australia’s industrial and trade structure, the extent of the R&D effort in
industry and on issues such as management capability can be obtained from
(Marceau et al 1997).
In the second part, broad elements of the Australian research system are reviewed in
the light of findings from the literature. The central role of universities in the
innovation and research systems is described. Actions that can be taken by both
universities and governments are suggested, particularly regarding the need to build
and maintain efficient information flows at local, national and international levels.
The paper briefly points to the nature of a research system capable of contributing
effectively to the wealth of the nation and indicates some possible directions for
enabling Australia to meet the demands of, and profit from, a knowledge-based
economy.

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